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Evaluate the project in problem #1 using the IRR method. (Problem #1: Evaluate a project costing $20,000 and returning $9,000 annually for 3 years and

Evaluate the project in problem #1 using the IRR method.

(Problem #1: Evaluate a project costing $20,000 and returning $9,000 annually for 3 years and a 15% required rate)

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